98121 rental market

What is the average rent in 98121?

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Last updated August 9, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98121 is $2,400.

Average rent

$2,400

Month-over-month change

-$50

Year-over-year change

+$50

Available rentals

127

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $755 to $7,995.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8003
$9001
$1,0002
$1,1004
$1,2005
$1,3003
$1,4005
$1,5005
$1,6005
$1,7003
$1,8008
$1,9005
$2,0005
$2,1009
$2,2007
$2,3004
$2,40011
$2,5006
$2,6007
$2,7003
$2,8002
$2,9005
$3,0005
$3,1003
$3,2004
$3,3001
$3,4003
$3,5005
$3,6002
$3,7003
$3,8002
$3,9004
$4,0002
$4,1002
$4,4001
$4,5001
$4,7001
$4,9001
$5,000+3

Average rent price over time

In the last year, rent has increased by $50 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,297$2,410
Feb$2,250$2,344
Mar$2,399$2,252
Apr$2,336$2,290
May$2,500$2,300
Jun$2,531$2,420
Jul$2,449$2,419
Aug$2,350$2,444
Sep$2,350No data
Oct$2,395No data
Nov$2,422No data
Dec$2,310No data

Market temperature

The 98121 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 98121 is 20% higher than the national average.

98121vs.

$2,400

$2,004

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Frequently asked questions

1. What is the average rent in 98121?

The average rent in 98121 is $2,400.

2. What is the average rent for a studio apartment in 98121?

The average rent for a studio apartment in 98121 is $1,675 per month.

3. What is the average rent for a one-bedroom apartment in 98121?

The average rent for a one-bedroom apartment in 98121 is $2,392 per month.

4. What is the average rent for a two-bedroom apartment in 98121?

The average rent for a two-bedroom apartment in 98121 is $3,787 per month.

5. What is the average rent for a three-bedroom apartment in 98121?

The average rent for a three-bedroom apartment in 98121 is $4,533 per month.

6. How much does it cost to rent a house in 98121?

Houses in 98121 rent between $755 - $7,995 with an average rent of $2,400.

7. How has the rent in 98121 changed in the last year?

In the last year, the rent in 98121 increased by $50

8. How much has the rent in 98121 increased/decreased in the last month?

In the last month, the rent in 98121 decreased by $50

9. How many available rentals are there in 98121?

There are currently 127 rentals available in 98121.

10. How do rent prices in 98121 compare with the national average?

The average rent in 98121 is $2,400 — 19.76% higher the national average of $2,004.

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